
Bitcoin.com News|Mar 09, 2025 10:30
Coinbase (@coinbase) is taking a stand against U.S. agencies in a bid to protect the crypto industry! 🇺🇸 Chief Legal Officer Paul Grewal announced that they are ramping up their discovery efforts to investigate the Federal Deposit Insurance Corporation's (FDIC) involvement in Operation Chokepoint 2.0, a campaign aimed at de-banking crypto institutions. 🚨
Grewal expressed frustration over the FDIC's lack of transparency, stating that they've only received heavily redacted documents that provide little insight into the agency's actions. "Enough is enough," he declared, emphasizing the need for sworn testimony to uncover the truth. ⚖️
This move follows Coinbase's ongoing efforts to shed light on the previous administration's actions against the crypto sector, including a recent probe into the costs of the government's war on crypto.
What do you think about Coinbase's aggressive approach? Is it time for more transparency in the crypto space? Let us know! 💬
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